The missing man whose empty boat was found 7 miles offshore from Boca Raton has been identified.

The Palm Beach County Sheriff’s Office identified the man as 44-year-old Richard Ohrn of Boca Raton.

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Ohrn was a former broker for JP Morgan Chase who had recently been accused of stealing $15,250 from two elderly customers. According to a civil complaint from October 2014, Ohrn forged records and changed clients’ address information so that they did not receive account statements or trade confirmations.

According to investigators, Ohrn rented the 19-foot Sea Ray 185 in Broward County on Tuesday. Later that evening, a Good Samaritan found the empty boat seven miles out from the Boca Inlet, according to the Coast Guard. The boat was towed to Harvey E. Oyer Park in Boynton Beach.

As of Wednesday morning, the Coast Guard had searched 1,200 square miles by air and sea without finding any sign of Ohrn. Searchers told WPBF 25 News the search area keeps changing based on drift patterns.

The Sheriff’s Office said the area where the boat was found was 600 feet deep. It’s unknown exactly where, how and when Ohrn became separated from the boat. Investigators said there were no other passengers on the boat.